$ME /USDT short trade signal 🔴😭

SHORT TRADE SIGNAL 🔻 BEARISH REJECTION FROM LOCAL HIGH

$ME surged from the $0.85 zone to a sharp intraday high of $1.179 but faced strong rejection at that peak. The price has since formed a lower high and is now trading around $1.073, signaling early signs of exhaustion and profit booking. If price fails to reclaim the $1.10 zone, downside pressure could resume.

Trade Setup (SHORT):

Entry Zone: $1.070 – $1.095

Target 1: $1.000

Target 2: $0.940

Stop Loss: $1.135

Why Short?

The chart shows a classic rejection wick at the top, followed by lower highs and a fade in bullish volume. This pattern, along with a failure to hold above key resistance, points toward a potential retracement. Volume tapering off further supports this reversal.

Risk Management Tip:

Keep your SL tight above $1.135. Use 2–3% of wallet per position and stick to 10x leverage for controlled exposure.

Don’t let this breakdown go unnoticed — trade smart, lock in red candles, and ride the trend down!

Sell smart — don’t chase green candles when the trend is turning red!

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buy and trade here on $ME